Kalshi bans ex-Congressman George Santos for life over insider trading

The online prediction market platform Kalshi said Monday that it has permanently banned former U.S. Rep. George Santos after concluding the former Republican congressman likely engaged in insider trading when he profited by betting against his attendance at the State of the Union address. The company announced the ban

Kalshi Issues Its First Lifetime Ban to None Other Than George Santos  New York Magazine

Prediction market company Kalshi permanently banned former Republican Rep. George Santos from its platform Monday and imposed a $71,356 penalty after determining that he manipulated contracts tied to his own attendance at President Donald Trump’s 2026 State of the Union address. Kalshi alleged that Santos placed a seri

Kalshi permanently bans George Santos over State of the Union bets  Reuters

Kalshi has issued a lifetime ban to former Rep. George Santos after he secretly placed a bet against his own unannounced plans to attend the State of the Union.

George Santos becomes first person to get lifetime ban from Kalshi  CNN

Prediction market Kalshi has permanently banned former Republican congressman George Santos from its platform on Monday over alleged illegal trades.

Ex-Congressman bet against his attendance at a State of the Union address

The company announced the ban after saying its compliance department had established reasonable cause to believe Santos engaged in insider trading over his attendance at the State of the Union, when he turned a $17,839 profit on his trading activity.

Regulator says George Santos made public statements to boost the value of his own bets on whether he would attend the State of the Union address

Veena George | Photo Credit: FILE Photo The Kerala Police have formally constituted a Special Investigation Team (SIT) to conduct a further investigation into the case pertaining to the alleged attack on former Health Minister Veena George at the Kannur Railway Station on February 25, 2026.The incident had taken place

The company says the ex-congressman didn't fully cooperate with its investigation into alleged insider trading.

The prediction market Kalshi is permanently banning former Rep. George Santos (R-N.Y.) from its platform for failing to cooperate in an investigation over wagers he placed on this year’s State of the Union. Kalshi, in filings published Monday, said Santos will face both a lifetime ban and an additional $71,356 financia

George Santos Banned From Kalshi For Life After Platform Concluded He Was Likely Insider Trading  HuffPost

The prediction market said it had barred George Santos, the former congressman from New York, and fined him $71,356 over evidence he engaged in insider trading.

The online prediction market platform Kalshi said Monday that it has permanently banned former U.S. Rep. George Santos after concluding the former Republican congressman likely engaged in insider trading when he bet against his attendance at the State of the Union address.

The former US representative was also fined more than $71,000 for allegedly attempting to manipulate the prediction market.

Santos was previously ousted from Congress and U.S. President Donald Trump commuted his prison sentence last year

Kalshi bans ex-Congressman George Santos for life after concluding he likely was insider trading  Toronto Star

The online prediction market platform Kalshi has permanently banned former U.S. Rep. George Santos after concluding the former Republican congressman likely engaged in insider trading when he bet against his attendance at the State of the Union address

Kalshi bans ex-Congressman George Santos for life after concluding he likely was insider trading  AP News

Kalshi said Monday that it has slapped scandal-ridden former Rep. George Santos with its first-ever lifetime ban after he allegedly made more than $17,000 in illicit bets on the prediction market.

Former GOP Rep. George Santos, of New York, has drawn fire for allegedly trading on whether he would attend this year's State of the Union address.

George Santos faces a lifetime ban from Kalshi after failing to cooperate with the prediction market's investigation into his alleged unlawful trades.

George Santos mocked Kalshi after receiving the prediction market's first-ever lifetime trading ban.

The company also imposed a $71,356 penalty on the former congressman, who settled related CFTC charges in July

Ex-Congressman George Santos Receives Kalshi’s First-Ever Lifetime Ban  WSJ

Former Rep. George Santos (R-NY) became the first person ever to receive a lifetime ban from the online prediction market Kalshi. Santos, who was expelled from Congress in 2023, illegally made a series of large bets in February 2026 over whether or not he would attend President Donald Trump’s State of the Union address